DCI, the privately-owned developer of core processing, digital banking, and Fintech processing solutions, is proud to back the strategic partnership between RiverBank, a Washington-based community bank, and Green Check (GC), the leading Fintech connector powering commerce in high-risk industries. Through a direct-to-bank integration with DCI's iCore360 banking system, the collaboration marks a major milestone for community banks navigating the evolving intersection of Fintech, compliance, and high-growth verticals.

In this new partnership, Green Check will manage the digital front-end and customer onboarding and DCI's iCore360 will enable direct core booking into RiverBank's systems. This streamlined approach ensures the transparency and compliance that regulators require, while also simplifying money movement and account management for cannabis-related businesses (CRBs).  The partnership enables money movement with real banking tools, ACH, wire transfer capabilities, and the first true cannabis debit cards — opening the door for more service providers to work with the cannabis industry efficiently and compliantly.

DCI and RiverBank took a thoughtful approach to finding the right partner in Green Check: developing a written strategy, presenting it to the board and regulators, and even establishing a Fintech committee to guide decisions like business vs. retail sponsorship. Most importantly, they clearly defined what kind of partner they wanted to be—and what that meant for the kind of partner they were seeking.

"Our interest in Banking-as-a-Service (BaaS) began in 2022, but we weren't focused on speed to market; we wanted to build something sustainable," said Chris Davis, Senior Vice President and Chief Operating Officer at RiverBank. "DCI's direct-to-bank approach gave us the control and compliance we needed to do it right, which made our partnership with Green Check, the leader in the cannabis banking space, possible. Now, we are able to further diversify our revenue streams while supporting our local economy and businesses at the same time."

With a foundation rooted in compliance and ongoing guidance from Washington regulators, Green Check stood out as the right partner for RiverBank to enter the underserved but heavily regulated market of cannabis banking.

"RiverBank's compliance-first mindset and agility for growth, paired with our platform's ability to seamlessly integrate with any core banking system, made this an ideal partnership for us," said Stacy Litke, Vice President of Financial Services at Green Check. "We're proud to continue expanding access to essential financial services to CRBs operating in underserved markets, while actively driving the more than 14,000 cannabis businesses we work with to our growing network of trusted financial institution partners nationwide."

This partnership isn't just a win for RiverBank and Green Check. It's a blueprint for the future of Fintech and sponsor banking: built into the core, with compliance at the center, and purpose guiding every decision.